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All Journal Jurnal Ilmu dan Teknologi Hasil Ternak Primary: Jurnal Pendidikan Guru Sekolah Dasar Jurnal Pendidikan dan Ilmu Geografi JURNAL ILMIAH LIVING LAW Jurnal Esensi Hukum JPIG JURNAL ILMIAH GEMA PERENCANA Journal of Social Science and Economics Jurnal Riset Multidisiplin Edukasi Gemi: Jurnal Penelitian dan Pengabdian
Yuherman
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Religion Agriculture, Biological Sciences & Forestry Humanities Civil Engineering, Building, Construction & Architecture Earth & Planetary Sciences Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Legal Analysis of Cash Waqf-Based Real Estate Development in Indonesia: Integrating Sharia Principles with Contemporary Business Law Yuherman; Yuhelson; Radif Khotamir Rusli
JURNAL ILMIAH LIVING LAW Vol. 17 No. 2 (2025): Jurnal Ilmiah Living Law
Publisher : Universitas Djuanda

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30997/jill.v17i2.22946

Abstract

This study provides a comprehensive legal analysis of the regulatory framework governing cash waqf-based real estate development projects in Indonesia. It critically examines the integration of Sharia principles with contemporary Indonesian business law, focusing on the legal challenges and opportunities that arise from this intersection. The research employs a normative legal approach, analyzing statutory provisions, recent jurisprudence from 2022-2024, and relevant fatwas from the National Sharia Council (DSN-MUI). Key findings reveal significant regulatory gaps, including overlapping institutional authorities, weak enforcement mechanisms, and a lack of harmonization between Law No. 4 of 2004 on Waqf and Law No. 2 of 2008 on Islamic Banking. The study further explores the role of innovative financial instruments, such as Cash Waqf-Linked Sukuk (CWLS), and the impact of recent OJK regulations on the participation of Islamic banks in waqf-based projects. By offering a detailed analysis of these legal dynamics, the research proposes a multi-faceted strategy to enhance legal certainty, strengthen governance, and unlock the full potential of cash waqf for sustainable and inclusive real estate development in Indonesia. The paper concludes with actionable recommendations for policymakers, regulators, and practitioners to foster a more robust and Sharia-compliant ecosystem for waqf financing.
Dilema Yuridis Rehabilitasi Presiden Terhadap Vonis Korupsi: Analisis Paradigmatik dan Rekomendasi Kebijakan Yuherman
JURNAL ILMIAH GEMA PERENCANA Vol 4 No 2 (2025): Jurnal Ilmiah Gema Perencana
Publisher : POKJANAS Bekerja Sama Biro Perencanaan dan Penganggaran, Sekretariat Jenderal Kementerian Agama RI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61860/jigp.v4i2.332

Abstract

This policy paper critically examines the legal dilemma arising from the presidential rehabilitation granted to former PT ASDP Director Ira Puspadewi, a convicted corruption defendant, which epitomizes the profound tension between the positivist principle of final court decisions as pillars of legal certainty and the realist intervention of executive prerogative to achieve substantive justice. Employing a normative-juridical methodology analyzed through the dual lenses of Legal Positivism and Legal Realism, the study dissects this conflict between law as codified rule and law as a social instrument. The findings reveal that while procedurally anchored in Article 14 of the 1945 Constitution, the act creates systemic inconsistency in anti-corruption enforcement and dangerously blurs the line between criminal misconduct and permissible business judgment risk within State-Owned Enterprises. Consequently, it is concluded that such ad-hoc resolutions undermine long-term legal predictability. To resolve this, a triad of integrated policy reforms is recommended: the urgent codification and limitation of the presidential rehabilitation prerogative through specific legislation, the explicit integration of the Business Judgment Rule doctrine into the SOE and anti-corruption legal framework to shield good-faith corporate decisions, and the establishment of a transparent mechanism, potentially under the Supreme Court, to publish binding and accountable considerations for any prerogative use, thereby ensuring future actions are both just and systematically consistent.
Co-Authors Amadatul Firdausyah Ani Purwati Charles D. Novia Devi Asri Purnama Egi Nur Hudatun Fahririn Hanif Cahyo Adi Kistoro Hendra Darmawan Indhira Asih Vivi Y M. Ady Soehatman Muhamad Ipan Susila Nimas Wening Kurniannur Nurhasnawati Radif Khotamir Rusli Rina Febriana Rina Yuliana Rini Rustini Romandanti, Nika Wela Slamet Rianto St. Erfi Yulvira Sutipyo, R Winda Sartika Yuhelson Yuhelson Yusutria Yusutria Yuzarion, Yuzarion